Trading activity was slow on the Ukrainian Eurobond market Friday, with just slight demand recorded at the end of the session. Sovereigns closed half a point stronger on the long end on low volumes. In the corporate
sector, Metinvest and DTEK finished marginally up, while MHPSA slid.

The Russian sovereign benchmark skyrocketed at the end of the trading day to close 1 p.p. higher. In the banking sector, VEB, SBER and VTB all finished stronger. Among other corporate names, Lukoil, VIP and RAIL added in price on solid demand.

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An investment and trading specialist, Jon Queen undertakes capital markets transactions and alternative investments across a broad spectrum of asset classes.
Jon has degrees in Economics from Cornell University and Law from University of Pennsylvania.
Prior to working in the energy and emissions trading space, Mr. Queen was an attorney at Latham & Waktins LLP and a licensed securities representative at John Hancock Financial Services.